·
| Price | ▼ 0.43% | ▲ 0.45% | ▲ 0.81% | ▲ 0.97% |
| Energy | ▲ 1.0 | ▲ 2.2 | ▲ 32.0 | ▲ 82.8 |
Trend of Bull Bias CADJPY Daily
▸When CADJPY is in Bull Bias:
- then CADJPY moved to higher Market State: 183 times — 48%
- then CADJPY moved to lower Market State: 198 times — 52%
▸Current CADJPY market energy: 45.09%
- Distance to upper bound of Bull Bias (at 60%): 14.91%
- Distance to lower bound of Bull Bias (at 20.88%): 24.21%
"To truly understand anything, study its history" — 2AITRADING
Following the completion of the Daily candle, CADJPY in the energy state leaning Bull.
On the measurement side, Market Energy reading rose +82.8%, moving from -37.7% to 45.1% after the Daily candle.
Time in Bull Bias energy zone: 1 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, CADJPY Market Energy ranged from -72.9 to +45.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CADJPY price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 07-12-2021 closed, CADJPY was at 89.7725, up 0.97% from the previous candle (88.9075). Market Energy was 45.1%, up 82.8 points from -37.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CADJPY price move on this Daily candle, and how large is that historically?
CADJPY closed at 89.7725, up 0.97% from the previous Daily candle (88.9075). This rise is larger than 93% of past rises on the Daily timeframe for CADJPY, across 917 candles since 2019.
How did CADJPY Market Energy change from the previous candle?
Market Energy rose 82.8 percentage points from the previous candle — from -37.7% to 45.1%. This rise is larger than 97% of past rises on the Daily timeframe for CADJPY.
Do CADJPY price and energy agree?
Yes. This candle recorded price moving up in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.
What state was CADJPY in on the previous Daily candle?
The previous Daily candle had CADJPY at -37.7%, Bear Bias — when this candle closed, CADJPY moved up to a higher zone: Bear Bias → Bull Bias.
Where does CADJPY energy sit within the Bull Bias zone?
At 45.1%, CADJPY is 14.91 points from the upper boundary of Bull Bias (60%) and 24.21 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Critical with energy 71%; GER40 (European equities) in Bull Extreme with energy 75.9%. Against this backdrop, CADJPY (Bull Bias, 45.1%) lower than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Bias with Market Energy 33.4%. CADJPY (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for CADJPY.
Open Energy ChartSee the full 2AiTrading Model data for CADJPY on the CADJPY overview →
To jump to a symbol you're interested in, click .